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Added to YB: 2025-08-05

Pitch date: 2025-08-01

NVO [bullish]

Novo Nordisk A/S

+1.91%

current return

Author Info

Value and Opportunity focuses on slow investing, special situations & the occasional wild punts Sign up for their newsletter.

Company Info

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally.

Market Cap

DKK 1.4T

Pitch Price

DKK 310.47

Price Target

N/A

Dividend

3.63%

EV/EBITDA

8.96

P/E

13.76

EV/Sales

4.74

Sector

Pharmaceuticals

Category

value

Show full summary:
Novo Nordisk - 9 years later

NVO: Added 0.5% position @ €42/share. Now cheap at 12.4x P/E (vs 35x in 2022), 4.3% yield + 1-2% buybacks. Est. 13% op profit growth = ~20% exp return. Risks: Trump (tariffs/drug prices), Eli Lilly competition (29x P/E). Opportunities: GLP-1 drugs show multiple applications + global rollout potential despite CEO transition.

Read full article (3 min)